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SALES
Kramer approvescredit and initialsapproval on CUg.
purchase order(credit sales only)
Note partial shipmentsand out -ot-stock itemsfor subsequent back-
order shipments
Receive customerpurchase order
Shipping and Billing(Nancy Ford)
For cash sales, seecash receiptsflowchart firs:
Serves aspackingslip
Customerpurchaseorder
Pick items frominventory am
fill order
Gust purch. order
Bill of lading 2
Bill of lading
To customer withmerchandise
NoteWaren uses different invoices for cash sales than forcredit sales. The two types of documents are slmtar andthe two types of sales transactions are processedsirnlarty, except where shown in the ftowcharts.
18
File DescriptionN = NumericallyC = Customer
Consult current~-----1 price liS:. See
note below
Adams reviews invoice1.-------1 and support documents
for accuracy.Initials invoice
Gust urch. orderSales invoice 4
Sales invoice 3
Sales invoice 2
Sales invoice
Bill of lading 2
1Bill of lading
To customerwith freightearner
Mailed tocustomer
SALESAccounting(Jim Adams)
Bad DebtWrite-Off
(Ray Kramer)
Identifyuncollectible
accounts receivable
--IIIIIIIIIr-----IIIIIII
CashCash
or creditsale?
Generaljournal
Credit Make entry ingen. jour. andace. rec. sub.
ledger, andinitial both
SalesjournalI-
II
--------1I1
1
1
1-
Accountsreceivablesubsidiary
ledger
NoteThe provision for bad debt expense is doneas part of Waren's year-end procedures.
Cust. purch. orderFile DescriptionC = CustomerBill of lading
2
Sales invoice
Documentsattachedtogether
19
SALES RETURNSAuthorization(Ray Kramer)
Receive retumrequest
Retum request
Reviewdocuments,approve and
initialcredit memo
File DescriptionN = Docurrents attached & filed
numerically (chronologically)NT = Nurrerically, terrporary
CheckReturn request
Receiving report
2Credit memo
Accounting(Jim Adams)
Return request 1
Receivingreport for
returned sale
21
Credit memo
Cashdisbursements
journal
Sa les journal
Accountsreceivablesubsidiaryledger
2Credit memo
Tocustomer
20
DocumentsI+---------l attached
together
CASH RECEIPTSReceipt of Cash(Jim Adams)
Checks received forcash sales inclufecustomer purch, ord.
Only collections on ace.ree. get posted to sub-sidiary ledger
Receive check
Check
Deposit(Ray Kramer)
Adams ist- - - assisted here
by Ford
Check
Cash receiptspre list
Cashreceiptspre list
r-II--...,IIIl_
Cashreceiptsjournal
Accountsreceivablesubsidiaryledger
Check
Check
Bankdepositslip
To bank,each day cashis received
Receive validateddeposit receiptfrom bank
DepositValidation(Nancy Ford)
Depositreceipt
(validated)
Cash ree. relist
Depositreceipt
(validated)
Pulled monthlyfor bank recon-ciliation process
File DescriptionNT = Numerically, temporary
21
PURCHASES ON ACCOUNTPurchase Order(Nancy Ford)
Receiving(Nancy Ford)Receive goods fromvendor/returns from
customer
Receive oralrequisition
~----1 See noteAbelow
Purchase order 21
Purchase order
Purchase
Receiving reportfor purchase
A roved P.O. 21
Approvedpurchaseorder
To supplier(vendor)
File Descriptionvr ; Vendor, temporary, by due datevrc; Vendor, temporary, chronological
Note ATo show evidence of a transfer of ownership, a copy ofa bill of lading normally would accompany goodsreceived. This copy is not included for rrerchancisereceived in this project because the decurrent wouldhave been prepared by the vendor rather than anyWaren personnel. However, a bill of lading is preparedfor each of Waren's shiprrents to customers.
22
ReturnReceivingreport for
returned sate
Fixed assetsob. ledgerrecord
Documentsattachedtogether
Receivin re rt2
Approvedpurchase order
Yes
Accounting(Jim Adams)
Receivin re
Vendorinvoice
Isacquisitiona fixedasset?
No
Approved P.O, 2
Receivin re rt
Vendorinvoice
Receive invoicefrom vendor
Vendorinvoice
Purchasesjournal
Accountspayablesubsidiaryledger
CASH DISBURSEMENTS
Cashdisburse-mentsjournal
Accountspayablesubsidiaryledger
Payments on Account
(Jim Adams)
Vendorinvoice
Approved P.O. 2Receivi re rt
Vendorinvoice
A roved P.O. 2Receivin re rt
Vendorinvoice
(Ray Kramer)
Cash Purchases andOther Cash Payments
(Jim Adams)
Receive invoicefrom vendor
Vendor invoice
Check
A roved P.O. 2Receivi re rtVernor invoice
Check
Cashdisburse-mentsjournal
Check
CheckVendor invoice
Tovendor
File DescriptionV = VendorVT = Vendor, temporary, by due date
23
PAYROLLTimekeeping(Jim Adams)
Collect time cards
Timecard
Calculatepayroll
Enter payrollin payroll
joura! amemployeeearnirgsSLtJsidiary
, Completedtimecard
24
File DescriptionN = Numerically (chronologically)
Notes1. Payroll is prepared sernrmnthly.2. Payroll disbursements are posted to the General
Ledger from the Payroll Joumal, not the CashDisbursements Joumal.
Kramer approves~---j hours am initials
time card
Wage and salary!+_--j information located
in employeeearnirgs subsidiary
Payrolljourral
---,IIIIIII
--"'1IIIIIIIII
Cashdisbursements
jourral
Employeeeammssubsidiaryledger
Payments(Jim Adams) (Ray Kramer)
Payrollcreek
IIIIIIIII1 _
Sigredpayrollcreek
Toemployee
Employee signstime cardackrowledgingtous ardreceipt of check
s
Dd. I \?alanc.e for\>lard 4 q4 5 I 00 Nfoa. "31 '5 ev :II400./ £:.\2- :J4t3 V q 00 V 1:1qv 00 Nf
Nov. "30 '5 t3 :1'2-V 00./ £:.\2- :1505 400 '2-40 05 00 Nf
'17PL rLl co ,\v, J\ '1Ob.../
\/ (,J( 1, 'Z.Ie (l: DD "1- l-\ 'f ~tYD lIF\I :JI./f;:;; " .A. / P/IA.c.~J,~",( , (-f 1.- ,Q- ,,~ 7_HI U!:'"
Journal Debit CreditDebit
BalanceCtrlInit
GENERAL LEDGER
Dc.t. I \?alanc.e for\>lard 4440 5"3oa. "31 £:.\2- I I0 t3 q 5 v4./ co qe3 04"3v./ Net Walle5 and '5alar'o/ 1'\2- 10v I I qe./ \?anl: '5ervic.e £:.harile &. 500 45ev 1 e"3
Nov. "30 £:.\2- e'2-I 13 5v./ £:.D 441 e I 0"3./ Net Waae5 and '5alar'o/ 1'\2- 105 qq oe./ \?anl: '5ervic.e £:.harne &. '2-I 00 3 1:14 '2-e
1],0.(, .1, I CR I 1, Plo~"f'A7 1'S/..! .., 92,
1..,.:t\.\,~Pl <b. ~ /("~ fit III '1''1., -11,»...k If. . h iIT.-".~L f'A 01 Ji. J+.4,
Journal Debit CreditDebit
Balance10100 - CASH
10200 - ACCOUNTS RECEIVABLE
Dc.t. I \?alanc.e Forvard Ih 50 el11lc c, l"}o] I~ ,t#'-'K\"(\ANrr6.1' ......nlf~r~'lJr c " .r
147e.L- I'H All. "ci" 11 ....J":..~;t. I' f11'1( 6t4 I'ilt""0I~-I
Journal Debit CreditCredit
Balance10300 - ALLOWANCE FOR DOUBTFUL ACCOUNTS
Dc.t. I \?alanc.e for\>lard I0 I el 00'\)jJ I' 1"7\ c .f,4 1" ..."., '70(~II~MIq~ 9t. ()(>v I
Journal Debit CreditDebit
Balance10400 -INVENTORY
25
oa. I l:7alanl.e Forward f3 '-0!P!P1.; 00 NFI.h~l' 1''0 1.1, ~ IUJ~ 17 \
J ' .- I-:ll.z '5L- ~I~1M I U'f'1-170 r \~ 1f"1\~&... Jt;,rl ,
I 9 t'X> ItJr
Journal Debit CreditDebit
BalanceCtrlInit
GENERAL LEDGER
10500 - PREPAID EXPENSES
oa. t l:7alanl.e Forward -0 -Journal Debit Credit
DebitBalance
10600 - MARKETABLE SECURITIES
oa. t l:7alanl.e Forward '-4 00 000Journal Debit Credit
DebitBalance
10700 -INTEREST RECEIVABLE
Dd. I l:7alanl.e Forward -0 -
,
Journal Debit CreditDebitBalance
10800 - FIXED ASSETS
26
oa I e>alanc.t Forward 1 0 515"3 NFoa. "31 1> 551q 1-050J C-D 51-~ 1 1- 5"3 4(, "3550 NF
Nov. "30 1> 1-11q "350qJ C-D 1-51q 1-"3 5'1 "3(, 000 NF
lJ>ar 1'1. \ V f1I" II r:;"vi C-D ~jl~ the ~t1IJ n Ie) I \,~
Journal Debit CreditCreditBalance
CtrlIn it
GENERAL LEDGER
oa. I e>alanc.t Forward 515 I.; 50 NFI" 7/J ro'ror. C ft-.r .l0 kzll c; r.t -c
IfllUl /l.,\ A .""" 'A.rr _ 1ti: - 1..-0 \"'1.., I Ih/.t11 b~llrt I<jo W,
Journal Debit CreditCredit
BalanceCtrllnit
10900 - ACCUMULATED DEPRECIATION
Oc.t. 1 e>alanc.t Forward -0 -Journal Debit Credit
DebitBalance
11000 - NOTES RECEIVABLE
20100 - ACCOUNTS PAYABLE
Oc.t. 1 e>alanc.t Forward - 0---;(,.&'G [XI,
Journal Debit CreditCreditBalance
20200 - WAGES AND SALARIES PAYABLE
27
GENERAL LEDGER20300 - FEDERAL INCOME TAXES WITHHELD
Oct, I e>alana. Forward I'j Itj ~ooa. "31 C.D I tj I ~o./ f'F- Itj tjq "3"3 Itj tjlq "3"3
Nov. "30 C.D Itj ltilq "3"37 f'F- Itj 1(, 01 Itj 1(, 01
I {Jd r "L\ r_17 11'1 IIIt 1 ..... "'1'II -1712 11 I>b 1,,1 II n 1~1k.1,
Journal Debit CreditCredit
Balance
20400 - STATE UNEMPLOYMENT TAXES PAYABLE
Od. I e>alanc.e Forward -0-oa. "31 &. 44rq~ 44 Iq~Nov. "30 C.D 44 q~./ &. tj 00"3 tjo 0"3
flp r ~ en ;::or,tieL -;:,\ G 1'Ii .r>, , ..
Journal Debit CreditCredit
Balance
20500 - FEDERAL UNEMPLOYMENT TAXES PAYABLE
Od. I e>alanc.e Forward -0-Oc.t. "31 &. 113 "3"3 1 "3 "3"3Nov. "30 CD I "3"3./ &. 14 ~2- I4 ~2-
l.r)h!' "3\ (''') 11 IIJ!:.V G - i1~y.,i, 17.11. 0<:-,
Journal Debit CreditCredit
Balance
20600 - F.I.C.A. TAXES PAYABLE
oa. 1 e>alanc.e Forward Ih4 tj (,2-Oc.t. "31 C.D III4 tj (,2-./ F.I.c.p...Withheld f'F- 10 o ~ 2-"3./ t.mI>Io'ler'f, Ta'1- &. 10 o ~ 2-"3 2-01 (,4(,
Nov. "30 C.D 2-0 1 (, 4(,./ HC..p... Withheld f'F- 10 013 tj~./ t.mDlo'ler'f, Ta.,. &. 10 0'3 tj~ 2-00 II 1(,[email protected] ~I 017 tit) b'.' ,,-'I'...!.. U /H 'VR. II I I ~11l,1.
.v """""L ...... ~ ---.£ c: I J l 'l :;'1.- ~1-~~ bI1
Journal Debit CreditCreditBalance
28
29
GENERAL LEDGER
oa. I I?alaol.e. Forvard -0 -Journal Debit Credit
CreditBalance
20700 - FEDERAL INCOME TAXES PAYABLE
Dd. I I?alaol.e. For\'lard -0 -Journal Debit Credit
CreditBalance
20800 - DIVIDENDS PAYABLE
Dd. I I?alaol.e. For\'lard - 0-Journal Debit Credit
CreditBalance
20900 - INTEREST PAYABLE
oa. I e>alaol.e. For\'lard -0 -1 , '119 1J6-te 17/. A •• H_ f'c </.1' 0 o 00<'> Ir: IJ0 0• - I
Journal Debit CreditCreditBalance
21000 - NOTES PAYABLE
GENERAL LEDGER26000 - COMMON STOCK
Od. I e>alanc.e Forward 1212 50 00 00Journal Debit Credit
CreditBalance
27000 - PAID-IN CAPITAL IN EXCESS OF PAR
Od. I e>alanc.e Forward - 0-Journal Debit Credit
CreditBalance
28000 - INCOME SUMMARY
Od. I e>alanc.e Forward -0 -
,
Journal Debit Credit Balance
29000 - RETAINED EARNINGS
Od. I e>alanc.e Forward Iqo I2Lo 41 'i'iJournal Debit Credit
CreditBalance
30
31
GENERAL LEDGER
De.t. I e>alan£.e Forward \31-v~v 500oa. 31 C-redit 'bales 'b ~vl1l 400./ C-ash 'bales C-\l. 3vvO 100 145 Ol~ vOO
Nov. 30 C-redit 'bales 'b v01-1 1 oo./ C-ash 'bales C-\l. 111v100 15 1~1-3000
Va-I!.- 71 I'~ .O:-J 7",,,, < iHl 1a >
(5/- r .: ..I CR -cl~ \ ~ ') b l!1""l 00~ , .
Journal Debit CreditCredit
Balance30100 - SALES
oa. \ e>alan£.e Forward 134vI hODNov. 30 s 1-3o I400 5h v3 \ 0041~0 1,.-11 c; !qt> COD I&: I t \ \ 1\ C
Journal Debit CreditDebitBalance
30200 - SALES RETURNS AND ALLOWANCES
oa. 1 e>alan£.e For\'lard I~ ~5 v3~ca. 3\ C-\l. 5~ 03v 14 41:lv14Nov. 30 C-\l. ho 1144 I5 14 4 I~neG I "l, \ ce; }{, "" 11'1 14 ,~kl
Journal Debit CreditDebit
Balance30300 - SALES DISCOUNTS TAKEN
D£.t. I e>alan£.e Forward -0-'O,..e- R\ rf"'lr'-iA I.I ;, 15i1
" I f
Journal Debit CreditDebit
Balance30400 - COST OF GOODS SOLD
GENERAL LEDGER
40100 - RENT EXPENSEJournal Debit Credit
DebitBalance
Oct. I e>alanc.e For\'lard 4~12 0000De.t. 31 C-D 4 50 000 450 0000Nov. 30 C-D 4 50 000 5:2-50000'~&r 1'1, f!.-n II nb ()() 1-11 1,...1 .. 00
40200 - ADVERTISING EXPENSEJournal Credit
DebitBalance
De.t. 311303000
Debit
Dc.t. I e>alanc.e Forward
Nov. 3045?-500
(\J7
40300 - OFFICE SUPPLIES EXPENSEJournal Debit Credit
1155500:2-050500
DebitBalance
De.t. 1 e>alanc.e For\'lard 35 15 41oa. 31 'P Iq 5 550 45 04 :2-1Nov. 30 l' 55 5 oq 50 (,:2-30l-nut l-u "17 l,..- e' Ie, Ii, fI, \ At,
,
40400 - DEPRECIATION EXPENSEJournal Debit Credit
DebitBalance
De.t. 1 e>alanc.e Forvard -0 -l-no.f '?Jl °lo~ ~, l r IIlI.,..I, VI,"
\/ 11 I,/; II/I'" lD Iq r;r-,/ I {' J '" L_7""", '1."1, ~ let _1,.- -
D {I
34
Od. I t?alantt Forvard 10 012el ?-?- NfDct, 31 'PIl- 13 11 Itll54 1 I34 (,0 111 NfNov. 30 'P~ 13 1 IIS!13 12 Iq'I 4q Nf
1"1,. f. '....1 117« i""
QIL~ Il1I If 19- St.11.4" II v.~ .
Journal Debil CredilDebil
BalanceClrlInil
GENERAL LEDGER40500 - WAGES AND SALARIES EXPENSE
Del. 1 t?alantt For\'lard S!I(, \ t,;?-oa. 3\ b- 10 (,(,154 01", '" 0(,Nov. 30 b- 10 (,e 43 1 012 'I 4q17(i( 111 r: I I1I'lfl IIs~-'l./C-.
Journal Debil CredilDebil
Balance40600 - PAYROLL TAX EXPENSE
Ott. I t?alantt for\'lard -0 -Journal Debil Credil
DebilBalance
40700 - FEDERAL INCOME TAX EXPENSE
Ott. I t?alantt Forward -0-\)fl(' , 'I.}.. I.;j;' (; ..LNo. II 9- '11/ IJ-r-t Uv r
Journal Debil CredilDebil
Balance40800 - INTEREST EXPENSE
35
GENERAL LEDGER
40900 - BAD DEBT EXPENSE
Journal Debit CreditDebit
BalanceOd. 1 f>alanc.t forward -0-1..\1.1' 11"1.,\ '<fYll JVY<t) t~ ro. fM'\ I~II rr
41000 - OTHER OPERATING EXPENSE
Journal Debit CreditDebit
BalanceOd. I f>alanc.t forward Ih~eo 14Od. '31 &. ~ 00./ l' 13115000./ LD 11'1 e ~I ~1354 0'35Nov. '30 &. rJ. I 00./ LD 11711 v5 ~5 ~5 00I-t7Pr" '1\ o. rJ 'l "J()'J rfJ 1"1~11~1fv:Ie';
I I'D \ fi: 1-':> n.", rl Ill: 7<;
Journal Debit
Journal Debit
Journal Debit
36
Credit Balance
Credit Balance
Credit Balance
37
ACCOUNTS PAYABLE SUBSIDIARY LEDGER
252 'VELOCITY SPORTING GOODS1285 Colgrove Ave.Pierre, SO 57501
TERMS' 2/10 Net 30 FREIGHT' Collect,Date Description Debit Credit Balance
Od. I e>alanc.e Forward -O-Dd .. 15 Vendor Invoice #"3:1-401 ~I :1-~1'1 00 ~I :1-~'100Od. 14 C.hec.\: ~111:1- ~I :1-~r:; 00 -0-Nov. 3 Vendor Invoice ~33311 :1-113~000 :1-113~ 000Nov. 13 C.hec.\: ~1I:1-5 :1-h~~O 00 -0-Dec.. I.; Vendor Invoice ~33%'; 3(, , I I., 00 3(, 1 I 00o«. 13 C.hec.\: ~1I4:1- 3(, I I '100 -0-,t,., r 1M I \Jp ,uf_J, "r..l""-, I! bi'b ~H)00, r'l. "If'\. DOe/;r)"r. 1"'7: (,J. h ...f::t' 11~1 119i~+(>00 -~,
253 CHICAGO OFFICE SUPPLY1411 E. MichiganChicago, IL 60606
TERMS' Due on receipt of invoice FREIGHT' No Charge
Date Description Debit Credit Balance
oa. 1 e>alanc.e Forvard 10 B1 ~3Od. 1 C.hec.\: ~1111 10 ~1 B3 -0-Oc.t. Iq Vendor Invoice ~:1-II:1- q~ 1'1so 'q~1'1 soNov. ~ C.hec.\: ~IIM II{~., ~O -0-Nov. :1-1 Vendor Invoice ~:1-:1-1'; ~ oq ~ oqNov. :1-3 C.hec.\: ~113(, 1.;15s 01{ -0-Dec.. 1:1- Vendor Invoice ~:1-344 13(,n 00 13 (,n 00Dec.. 1:1- C.hec.\: ~1141 113(,100 -0-I.f)or. 1ft? \ JeA ' ",.,/ J.
~ ,..¢:f '1 :'I,1~ '5'7 rl~ 5'5 91~hor ~I \ J/l 'non '. ~ /) ..lVI....." '5'"1&00 ~ 1 I l«'
261 GILLETT CONSULTING5613 Lantern ViewChicago, IL 60612
TERMS' Net 30 days
Date Description Debit Credit Balance
Oc.t. I e>alanc.e forVlard -O-Dd. 3 Vendor Invoice ~~BM 3(, ")0 00 3(, ")0 00
406 ROSEMONT UNIVERSITY121 E. FrontLouisville, KY 40202 CREDIT LIMIT $125000
ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER
,Date Description Debit Credit Balance
Dd. I e>alane.e Forvard -I t: I-De.\. (, Invoice #1~~ 1 Ie I1200 11qle II~ ocDe.\. 14 'Pa"ment #1~~ 1:2[qIe I 00 -I c I-Nov. 1 Invoice #1~4 ''''I~ILl t. 00 11~ILlc ocNov. 11 Pasment #1~4 I:21A 00 -lc I-o«. ~ Invoice #1~1 11IA 00 I L 11I~ ocDee.. q 'Pa"ment #1~1 I~ I1 00 -Ie
407 CLAYBORN UNIVERSITY13210 S. UptonLogansport IN 46947 CREDIT LIMIT $125000, ,
Date Description Debit Credit Balance
oa. I e>alane.e Forward -0-o«. 1 Invoice #l~e 111J'i1200 11:2I.: 00Dee.. 14 Pavment #l~e 1~ 1:200 -0-~ \q , M "6 i On "*' 11"l lie: 11IHJO l .I,.. jew
.
408 BRANCH COLLEGE242 W. Holt RoadTrenton MO 64683 CREDIT LIMIT' $100000, ,
Date Description Debit Credit Balance
oa. I e>alane.e Forward 4(,1.: , ocOct. 1 Pasment #1~1 41'i3 I': 1 00 11:20 o orNov. 10 Invoice #1~'i 31:2lqI 00 341 111oeNov. Ie Pasment nit; 31:2lq11:200 11:20 o orDec.. 13 Invoice #130 1(, Iii (,00 1:2el'i (,ocVee. 1.'J 17.'" ••• q-j ....,'A,'" oP -r :" r., ( Ie blO( I " 0 -'!t'..o
38
ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER
409 UNIVERSITY OF SOUTHERN IOWA1231 S. CedarDubuque. IA 52003 CREDIT LIMIT: $100.000
Date Description Debit Credit Balance
oa. 1 e>alanc.e Forvard -0-
39
410 EASTERN WISCONSIN UNIVERSITY14123 W. SaginawMadison WI 53702 CREDIT LIMIT: $75000
•.
Date Description Debit Credit Balance
Dd. 1 e>alanc.e Forward -0-Nov. 14 Invoice #11-(, 1-41'10Iii 00 1-4 OIl; 00Nov. 1-1 'Partial 'Pa..,ment #11-(, 00 000 Ilq Oil; 00o«. I 'I Invoice #11-'1 1-1 e1 I~00 41 11 100I{lnc II 1-1 I' ItA A- r(...- 1/. ill 000 11!1~ ~1100.11"'12/C 1L v,,,-r- ..l {}t...""".~ ¥ 1;' "j I~I,..il"11100 11- '],lj 76C
411 STEVENSON COLLEGE2689 Industrial BoulevardChicago IL 60614 CREDIT LIMIT' $75 000, ,
Date Description Debit Credit Balance
Dc.t. 1 e>alanc.e Forward 11-'I0000oa. 1-4 Invoice #11-'3 .,1 (,1'1(,00 (,0 '1(,00Nov. 1 Return for C.redit #C.M-41 1-'30 1400 '31 t;e1- 00Nov. 1 Pasment #11-'3 '34(, e200 2'1 0000
//p(' '7-J {kr,.,(/n·-tt,},;i:-- (f'lDMJ> ._•..It"r",..... "'9 0"> M -0-, -, 7.
PAY RATE HISTORY
Pay Time Filing Withholding Effective ApprovedRate Unit Status Allowances Date By
\
Ray Kramer $3,400.00 semimonthly M 2 12/16/11 ~t::$3!J]00 semimonth Y. M 2 12/16/1 ~t:::h b fA- "Z- It lb ( Rl<
Jim Adams $20.00
$21.00([.7,
hourly
~
ss;2
2
2'1,...
12/16/11
12/1i/1il-z.-fA, I:'
Nancy Ford $17.00
11>M
t13~
10/1/13 Hire date, ~t::l1-1r b/ I":J R.l<,
---------------------------------------------------------------------------------------------
EMPLOYEE EARNINGS SUBSIDIARY LEDGER
Employee's Name Ray Kramer Soc. Sec. No. 36S-73-2376Home Address 417 Cherry, Chicago, 60912 Phone No. ---'7-"Sc'C1-"'3""S6""S'----- _Employed 4/6/02 Date of TerminationDate of Birth 2/15/70 Occ P f Mu a Ion anager
Date Hours Worked
FederalPeriod Regular Overtime Gross Income NetEndi~g Paid Hours Hours Pay F.I.C.A. Tax Pay
10- 0 1 - 13 It I ,I. e II d (,3 00 000 4s 11'150 1 50 1S I~01~1~1111-
10- 15 - 13 10 - I 5 - 13 350 000 1-(,1 15 44 1 11 11'105410-3 1 - 13 10 -'3 1- 13 31r:;0000 I~(,1 15 44 1 11 I~1110154
I/J I m ul Jl i vii il, a T t a I 10 00 000 I.:31'511i00 SS3 41-0 Iii Iii S 10 so
1 1- \ 5 - 13 1 1- \ 5 - 13 350 000 1-(,1 15 44 1 11 1:2 11'10 54\ 1- 3 0 - 13 1 1-12 'I - 13 350 000 1-(,1i 1li 44 I 11 11~01'54
1/1 I m ul i vi. i I .1 I T t a I 11 00 000 5SI~ 0 50 1'11 \ 1 (,1- (, 1?I~ 1 SS
11--\ 5 - 13 11-- \ 3 - \3 350 000 1-(,!i 15 44 1 1\ 1-1'10 54L ~ J~ I - 11: lOY ~l 11 "rd: N rJ.l!li IoID It"It b1 1 S~rT9~
1\b o~ ~Il-\?l \t) ~DI'J."fA t;lb~~1£l
40
EMPLOYEE EARNINGS SUBSIDIARY LEDGER
Employee's Name TimAdams Soc. Sec. No. 379-54-9833HomeAddress 2522Longfellow, Chicago 60823 Phone No. ---"3",,5",,-1--,,5,,,87,-,4~_Employed 1/16/09 Date of TerminationDate of Birth 10/1184 Occupation Accounting Clerk
Date Hours Worked
FederalPeriod . Regular Overtime Gross Income NetEnding Paid Hours Hours Pay F.I.C.A. Tax Pay
10- 0 I - 1'3 2 I e d 1'31121llI ?-?- l1-e 5120?- 50 'I I 05 12'1'3 '312 15
10- I 5- 1'3 10- I 5- 1'3 eeoo I IIIfj . 1-1212I 'II I' 'I '11 '3120 5?- 11 I 4?-10-"3 I - 1'3 I 0- ~ , - 1"3 'I (,00 e15 1-2 q 1 (,'3 11'i '31 '3 "31 '15 111 e "31
c mu \ a ~ e a T 2 \ 41 1'114 1(, '31 '11 '30 51 4'1 5?- "3?-e 1 '14
1 I - I 5 - 1'3 1 I - I 5 - 1'3 II 00 1?-ee 1-21:1.,.1?- 11?- 41 '3 21ll 41 11 51-MI I - "30- 1'3 I 1-2 'I - 1"3 eo 00 10'54 2 lJ II" 01 I 'i1'3 'II 2 {jIll04 l'i '100(,
IT U \ a T \ 4(, 0 04'1 '3 '3 (,1- (,"34(,0"3 '<I{jI '10M
112- IIe - 1'3 112- I "3- 1"3 eo 00 511 1elL I 1(, 11~124'3 12'3lc 4e 114 I~e51--; I-t t lC ~I- ~f 1[1 I ;1",Dc rh~ I~1J1~I" 0'1 I, gb (, I I' S ()"~ II~ _'1-'2-
~11. (, I ~-.:: 1'1 " It:19" 511 2-7
Employee's Name Nancy Ford Soc. Sec. No. 367-55-4832HomeAddress 1018Whittier, Chicago 60823 Phone No. ---"3",5",,1-~5,,,,25,,-,1~_Employed 10/1/13 Date of TerminationDate of Birth 5/22/80 Occupation Clerk
Date Hours Worked
Period Regular OvertimeEnding Paid Hours Hours
10- o I - 1'3I~ e d
10- I 5 - 1"3 10 - 15 - 1'3 4eoo10- "31 - 1'3 10 - '3 I - 1"3 5000
r·l m ub Iv e fr ~ a T Ia \
I I- 15- 1'3 I 1-15 - 1'3 4'1001 1- "30- 1'3 1 I -12 'I - 1"3 II> 000
r. m u\ a 'Iv e f. r h T a \
112- I 5 - 1"3 112- 1'3 - 1'3 eo 00 1?-'3\l- 1'1,1/ I~ [h ~I" ('l, i'1~Do rsb'.l
FederalGross Income NetPay F.I.C.A. Tax Pay
-0- -0- -0- - 0-
1(,00 1(, 4?- 10?- 14 It. 5(,e5000 1(,50'3 l04?- 11 55114(,(, 00 111-145 1144 1';2 I 1I
ll'3'300 1(,"31'3 e 1?- 1{j 055102000 1 0'3 11-14?-
,1/ I 455
"351'100 121(,'I ?-I 5 "35e '31'1 14 1-1
11'31q I "31 10 4'3 1'1 112 I '115r?i1,,1l;1.43
, 1Q InlidO I~<II~ Il:'
I1,fi'5(, t\6 bl"-l~n I" ~' 11!Plc 'Z~~ 7'5 b@ , ~ -
41
FIXED ASSET SUBSIDIARY LEDGER
Item Office Furniture Depreciation Method _-"-St"r",ai""g,,htc:!-l",in,",e~__ -----,
Where Located -,=O",ffi",'c"e~ _Purchased From Chicago Office Supply
Estimated Life _5"-J'-y""ea"'r£.s _ Estimated Salvage Value $ ---"-0 _
Asset Record Depreciation RecordAsset Net
Date Debit Credit Balance Debit Credit Balance Book Value
~ept 30 01 I.; 0 hit:; 000 1"'0hi.; 000 It:;o lit:; 000Del.. 31 01 11';0Fill'; 00 It:;011It:;00 41t;t., 00Dec.. 31 he 10 11..-000 ,..- b.,. I.; 00 f31t;t;,.It; 00Del.. 31 0'1 10 , it:;000 ,.1.-~hI.- 00 ,.1.-f:! h 1'-00o«. 31 10 10 lit; 000 ~It:;It:;,.It; 00 I it; ,.a. 00o«. 31 II 10 II'; 000 4 It:;K,11It; 00 It; 011It; 00o«. 31 I,. 1"-0f11.-00 r.:: oh It; 0 00 -0-
Final Disposition of the Asset _
Item Del ivery Trucks
Purchased From --"'Dcry"'ck"'s,.t"'ra'cF,,0O'or"'d _
Estimated Life ~5"--X'ye",a"r"s _
Deprec iation Method _-",S"tr"al'lOg"ht",-l~inL!!e~ _
Where Located Loading Dock
Estimated Salvage Value $ ---"-0 _
Asset Record Depreciation RecordAsset Net
Date Debit Credit Balance Debit Credit Balance Book Value
A,or. ,., II 1'1 'r:;It; 00 (pl'l a.it; it; 00 (plqb.ir:;t; 00Del.. 31 II (p ,.1..- 'io (p ,.It; 'io (p,. f3" qi'iODel.. 11 I,. 13 eit:; 100 ,.0 hLl ';0 4e ~h el.;o1.!nr.1...1 1'1, II Id~ il In- I~ II-h~ 3iJ1 1/11 ft "0C
Final Disposition of the Asset ---,--1 -r t l
42
Item Inventorv Handling System
Purchased From Conveyor Systems, Inc.
Depree iation Method _-'S""tr"'a"'ig"'h"'t-"'li"'n"'e_
FIXED ASSET SUBSIDIARY LEDGER
Where Located --'W-""ar"e"'h"'o"u"'s":e _
Estimated Life _"'lO"-"'-ye"'a"'rcO's------------ Estimated Salvage Value $ ---"0 _
. Asset Record Depreciation RecordAsset Net
Date Debit Credit Balance Debit Credit Balance Book Value
JUl, t; 11-1-0 0(,(,0 00 1-0 0(,(,000 1-00 (,(,000oec. "31 11- 10 0"3"300 10 013"300 I q 0(,1-1 00
[1)1201,[ [If), l-z "6 I/,; It,0(;) 11AIr. 9~'0 II 1"1..;1 ... Ice
43
Final Disposition of the Asset _
Item High-Speed Copier
Purchased From Chicago Office Supply
Estimated Life ~5~ye~a:!.!r"'s-------------
Dep reciation Method _eo'S",tr",a..,ig",h",t-",Ii",n"Ce _
Where Located ----"O""ffi"""'ce=---- _
Estimated Salvage Value $ ---"0 _
Asset Record Depreciation RecordAsset Net
Date Debit Credit Balance Debit Credit Balance Book Value
Dec. 11- 1"3 113 (,h 00 1~ (,1 00 11'3(,1 00117".r '3\ I') ~!'t1,17!J 17j-z, 10 1("I' ~lrt'5C
Final Disposition of the Asset _
Depreciation Method Straight-line
Where Located ----,O-L-1A+-,'=--, "'C.("--~ _i./-'
Estimated Salvage Value $ _0'-"- _Asset Record Depreciation Record
Asset NetDate Debit Credit Balance Debit Credit Balance Book Value
Dec. 1,\ l'i, l.4.~...-" "'" ~ ""C:; 01(9(. ~"'..- li'lCC1Jp r. 1, VL II-S "'9f. k ~~O H -, "
Final Disposition of the Asset _
- -- --- ------------
G ENE RAL J 0 URNAL __ N---,o-,-vt---,m-,-b---,t-,-r-c-aC'--n-c-d-c-D-c-t-,-c.t-c-m---,b-c-t-,--r_
Account PostDate No. Explanation ./ Debit Credit
Nov. "30 401100 'Pa~ro\\ Tar- f.r-ptnst ./ 101154"3201100 F.I.L.A. 'Pa~ab\t ./ I 0 0 "35520400 'bUTA 'Pa~ab\t ./ 5 00"320500 FUTA 'Pa~ab\t ./ 1452
To record r-tovember t>a~ro\\
Nov. "30 41000 Othtr Ooeratlnc (.r-t>tnSt ./ 2 1 0010100 Lash ./ 2 100
To record Novtmbtr baneservice charae
117",r 1,3 ID3DD flll- 0>L. -fJ~,,-kk)aer. \/ rz 90D DCI 0- ID7.f:O ().cr". -::r; l R.,;:.mi&1j:>. ../ 1, 9 'J'~ /!It.
0
<1<> \..)'llAQ., J2Ji f9;;. oP A .
,JiUi!.. 'M ~ A(l-u 't"&IQ,){
rtlll(.,~I14-°(..~ '" -Ie~-rL~c,.. AlL- \f 111I.,.,~Aj-'", ~()&o ~if" ~ "'17&</l j.J/ • V \II II 11'2'104-fX; 'SW r..; l.-- 17<" -I.".{ _ J ~ -19'3
I "'L/)?tlC 'fL{j ~ ,...?0?4-'K v ~",,~5
'Del'. ~I4li>CO ~n..()PC ~. " V 1- .., '70IDlOb (I Ai iJ I-z. 170
3
SALESJOURNAL __~N~o~v~em~~De~r~an~d~D~e~~e~m~D~e~r_
Debit CreditInvoice or Subsidiary SubsDate Customer Credit Memo Account _ Post Accts. Rec. Sales Returns Sales
Number Number Ref GIL 10200 GIL 30200 GIL 30100
Nov. 1 '5tevtO&on C.olleae C.M41 411 .I I([no1400 In 01400Nov. 1 \l-o&emont Univer&it'l 1?-4 40(, .I ?-4 (,000 ?-4(,0 00Nov. 10 e>ran~h C.olleCie 1?-5 405 .I 31~q II~ 00 31~q II~00Nov. 14 Eastern Wi&~on&in Univ. 1?-(, 410 .I 1~4q 0500 ?-4 q0500
Monthl'f Totals 31?- (,300 In 01400 (,0 1100I •
o«. ?- \l-o&emont Univer&iN 1?-1 40(, .I 41 1400 411400Dec, 1 C.la'fDOrn Univer&iN 1?-5 401 .I 1?- 5?- 00 11~5?- 00De~. q £a&tern Wi&~on&in Univ. 1?-q 410 .I I~I 5 11~00 I~IIs 1?- 00De~. 13 e>ran~h C.olleCie 130 405 .I 1(, 5(,00 III. 5(, 0017er 9 (I .. ~ blY"Wl 11 ~j,IPJI-;L.. -1"'1/ 4-{)'1 IJ 15 " '500 l~1017.1r:: O()117e.e., 1..-~ Ic""",,,",-fVJ,o\.-W,c< f!«i"'~ tL; ,,<,< CJ.\.£t't.- 4(0 ~~ ~oo I) »'6 o:
JJ..«su: iD'tV ~ ~ (,14 1~ls co v, DC 14191917 91/C)f II I'V
CASH RECEIPTS JOURNAL _--,Nc..:..::.-ov.:...:e,-,m",b.:...:e,-,r--=a:..cn:.=d=-D=-e:..:c-:..:.e-"m:..:.be__r_
DEBIT CREDITAccounts Receivable GIL 10200 Other GILDep
emInit
CashGIL
10100
Sales DiscGIL
30300
SalesGIL
30100 .Date Subs
Acct No.Description Trans
AmountSubs
Post RefAcctNo.
TransAmount
PostRef
Nov. 1 '5tevenson C.olleQe Nf 411 "34v~:2- 00Nov. 1"3 Mc-C.lain C.olleQe Nf 11 v1 00
1241 oisoNov. 11 Il-osemont UniversiN Nf :2-4vo 00Nov. I~ e>ranc-h C.olleQe NfNov.:2-1 Eastern Wiswnsin Univ. Nf 1500000 410 1500000
Monthl'l Totals 10144 115015400 11v100101 1,,1 1,,1
Dec, v G.ates Universit'l Nf ?~q 100 ?~q 100Dec-. q Il-osemont Universit'l ~"3 4~ 40v 4' 14 00 .IDec-. 1:2- Hanc.oc-j:. C.olleQe Nf 15"30IIJ 00 151"3ov 00Dec-. 14 C.la'jborn UniversiN 141504 401 11215 00 .IDec-. 14 A.twood e>rothersO~ Up J::: iI(<,i ""~
"31:2-00 ~:2-1500 tIIUdJ) I>cl'o~ V
1410
r? I ~.J.j.I
1/ y
PURCHASESJOURNAL __~N~o~v~e~m~b~e~r~a~n2d~D~e~~~em~b~er~_DEBIT CREDIT
Other GIL Accounts Payable GIL 20100Vendor Purchases
Subs Subs PurchasesDate Vendor Invoice GIL Acct. Trans Post Acet Trans Post Returns
No. 30500 No. Amount Ref No. Amount Ref GIL 30600
Nov. 3 Vtloc.it~~portinl\ C.oods 33"311 I,13e 000 1..51.. 1..13eO 00 ./Nov. 1..1 C.ni~aqoOfftce ~upp\~ 1..1..15 40300 55e 0'1 ./ 1..53 55e 0'1 ./
Montnl't Totals I, He 000 55e 0'1 1..1'f3e 0'1 -0-I" I.
Dt~. 5 Velo~iN~portinq C.oods 33'f{P5 3 I I 00 1..51.. 3~ 1 1500 ./Dec.. 11.. C.ni~aQoOfftce ~uppl't 1..344 loeoo 13 100 11 1..53 13'100 ./"7pr 'L.~I \/.DI ~rf..L.....:7'':" (' ..__ ~ '2l.-\ 1\ q II l>131+ 00 V1l-- (~'tAIl' 60 Iv"t7Pl'_ 1J--b I ('J. 1~. • ;'f)/:.t f) ,L /lrJU. , I ' J+rf1.It ~5 1'5 ,,:>?~ /"5 J
•'() If ~1"5 f.\ ~!?~~
ff,..,-::fl/lt1"1"t;t-rfA,r , OQ l I'D bb9 <j\~. . ./if Iv 1\ / l/
NovemberCASH DISBURSEMENTS JOURNAL ------------CREDIT DEBIT
Cash Purchases Accounts Payable GIL 20100Freight-In Other GIL
CheckDate Number Description GIL Discounts Subs Trans Subs GIL Acet Trans Post
10100 GIL 30700 Acel No. Amount Post Ref 30800 No. Amount Ref
Nov. ~ \11-4 C.hic.aQo Offic.e ~ul>l>l" '1~ 5 ~o 1-53 '1~ 550 ,/Nov. 13 \11-5 Veloc.it" ~{)ortinn Gtoods 1-(, 53 240 54 1 (,0 1-51- 1-1~50 00 ,/Nov. 15 111-(,-~ ~ee Va"roll J"ournalNov. 15 \11-'1 Internal F-evenue ~ervic.e I'll~15 1'1 1-0'300 155 '133 ,/
1-0(,00 1*1 (,4(, ,/Nov. 15 \130 Internal F-evenue ~ervic.e 13 33 1-0500 11333 ,/Nov. 15 1131 ~tate of Illinois I~" '1~ 1-0400 4 4 '15 ,/Nov. 11 \131- Worldwide ManaGement 4e 00 00 40100 4~0 000 ,/Nov. 11 \133 e>oard of Water fr Lillht 11 I~3 (,5 41000 I 111. 3 (,5 ,/Nov. ,~\134 Interstate Motor Freillht In5(, '1'1 1-35 (, '1'1Nov. 15 \135 Universit" Athletic. News 31250 00 401-00 3~5 o 00 ,/Nov. 1-3 113(, C.hic.aQo Offic.e ~ul>l>l" It; 5 5 0'1 1-53 55 s 0'1 ,/Nov. 1-'1 11'31-'1 ~ee Va'lroll J"ournal
Monthl" Totals 414 III 103 54 1 (,0 1-~ 'II' 35'1 1-35 (, '1'1 1134411 15 F-K
Cash Disbursements Journal continued on next page
•
CASH D1SBURSEMENTS JOURNAL __ D_e_c.__em"--'--be__r _
CREDIT DEBITAccounts Payable GIL 20100 Other GILCash
GIL10100
PurchasesDiscountsGIL 30700
CheckNumber
Freight-InGIL
30800Subs Trans Subs
Acel No. Amount Post RefDate Description Acct
No.TransAmount
PostRef
1-511<: 00 .;251500Dec.. 1 1140 First ~ec.urit" Insurance 41000Dec.. 11- \141 C.hic.aGo Offic.e ~uf){)I" 13(, 00o«, 13 \141- Veloc.it'l ~f)ortinG Gtoods 3(, I 15 00 ,/11-1- 30 1-51-Dec.. 13 \143Dec.. 13 1144
Worldwide Manallemente>oard of Water fr Lillht
4~00 00 J1 3(,01-5 ./
4010041000
Dec.. 13 \145 Interstate Motor Freinht 11515 115 15Dec.. 13 \14(, Internal F-evenue ~ervic.e 1-0'300
1-0011(, /1-0(,00Dec.. 13 \141 Internal F-evenue ~ervic.e I4~1- 14 ~1- If1-0500o«. 13 1145 ~tate of Illinois 5p 03 .,;5003 1-0400Dec. 13 114'1-51 ~ee Va'lroll J"ournal
.~Iz.60
lloo~o t I 0 oc .;
I111/ /
PAYROLLJOURNAL __~N~ov~e~m~b~e~r~a~n~d~D~e~~~e~~~b~e~r__
~ EARNINGS DEDUCTIONS PAYMENT
SubsDate Employee Regular Regular Overtime Overtime Gross Pay F.I.C.A. Fed . Inc. Tax Net Pay Check Post
Hours Pay Hours Pay GIL 40500 GIL 20600 GIL 20300 GIL 10100 No. Ref
Nov. 15 l2-a~ "ramer '350 000 '350000 1-(,115 441 11 111'l0 54 111-(, ,/::nmAdams 55 00 154 500 11-55 40511- 1-1-5~ 11- 111-41 '311541 1151-54 111-1 ,/Nan~'1 Ford 4'1 00 5'3 '300 5'3'300 (, '3 1'3 511- 1(,055 111-5 ,/
Nov. 1-'1 l2-a~ "ramer '350 000 '350000 1-(,115 44 I 11 In '10 54 11'31 ,/Jim Adamf> 50 00 1(,5 000 10 54 '3'31- 01 1:21c11:201 15'3'11 1:2(,504 1 5'100(, 11'35 ,/Nan~'1 Ford (,0 00 101- 000 101-000 150'3 1:21 41- '11455 11'3'1 ,/
Monthl~Totale 11-'35 100 1'311'3 1'3 1 151'3 100'355 151(,01 10 5'1'1 os
Du. 1'3 l2-a~ "ramer ,'350 000 '350000 1-(,115 44 I 11 'n '10 54 114'1 ,/
Jim Adamf> 50 00 1(,5 000 511 1511(, I 5 (, 1 1(, I41- 4'3 1 '3045 145555 1150 ,/Nan~~ Ford 50 00 1'3(, 000 I 1-'3 '3 I '31 I '3'1 1 '31 10(,4'3 (,51'1 11:21'115 1151 ,/
fDn 11,\ l~k~-"1- 9L CC '1\ I~00 9-, 1"- I1J~,gM "') r:J9 1,1111(",\ '.tl~- .:>, t ~I~I~1- \I~b (/\J" . '-" ~ en-tA. q(., CO 117VJgeE -z/j ()lj 1[li1~7 I tltlJ(~ [IHh.11D I'1.1/1 9::J II~I~~13') Ll'5T v
11\ ,,". '\( . l'ltll I.-ret I~Ir~rlcx 1111 [to- l4.o 1...lk r..,~ 11lBI~ 93 l\~ vI' I .i<~-II,/;,~ ,r,f.I~ Ir 00 , 11: 1. .J't. [V1 I~il'/: {fiJ ( ( 1191"72 I' 0 b' t I19'1', 1'6'7J